Cameco Corp (NYSE: CCJ) is -20.00% lower on its value in year-to-date trading and has touched a low of $35.43 and a high of $62.55 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CCJ stock was last observed hovering at around $44.04 in the last trading session, with the day’s loss setting it -2.93%.
Currently trading at $41.11, the stock is -12.31% and -17.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.51 million and changing -6.65% at the moment leaves the stock -17.13% off its SMA200. CCJ registered 0.86% gain for a year compared to 6-month gain of 0.98%.
The stock witnessed a -18.27% loss in the last 1 month and extending the period to 3 months gives it a -29.87%, and is -5.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.34% over the week and 4.56% over the month.
Cameco Corp (CCJ) has around 2638 employees, a market worth around $17.90B and $2.28B in sales. Current P/E ratio is 145.06 and Fwd P/E is 25.10. Profit margin for the company is 5.41%. Distance from 52-week low is 16.03% and -34.28% from its 52-week high. The company has generated returns on investments over the last 12 months (2.41%).
with sales reaching $890.07M over the same period.The EPS is expected to grow by 106.65% this year, but quarterly earnings will post 8.52% year-over-year. Quarterly sales are estimated to grow 40.39% in year-over-year returns.
Cameco Corp (CCJ) Top Institutional Holders
The shares outstanding are 435.31M, and float is at 433.76M with Short Float at 4.15%.
The top institutional shareholder in the company is FMR LLC with over 37.72 million shares valued at $1.86 billion. The investor’s holdings represent 8.3801% of the CCJ Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 16.23 million shares valued at $798.62 million to account for 4.6007 of the shares outstanding. The other top investors are MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. which holds 17.24 million shares representing 3.8291% and valued at over $847.84 million, while CAPITAL WORLD INVESTORS holds 3.046 of the shares totaling 13.71 million with a market value of $674.59 million.
Cameco Corp (CCJ) Insider Activity
A total of 0 insider transactions have happened at Cameco Corp (CCJ) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Still, SEC filings show that on Nov 19 ’24, Reilly Brian A. (Officer) Proposed Sale 14,062 shares at an average price of $57.46 for $0.81 million. The insider now directly holds shares of Cameco Corp (CCJ).
Cameco Corp (CCJ): Who are the competitors?
The company’s main competitors (and peers) include BHP Group Ltd. ADR (BHP) that is trading -15.88% down over the past 12 months. Denison Mines Corp. (DNN) that is -25.95% lower over the same period.
